From: Do minimum wages affect employment? Evidence from the manufacturing sector in Indonesia
Dependent variable: Log (Number of paid production workers) | ||||||
---|---|---|---|---|---|---|
All firms | Small firms | Large firms | ||||
VARIABLES | (1) | (2) | (3) | (4) | (5) | (6) |
Log (Min. Wage) | −0.0436*** | −0.0402** | −0.0223* | −0.0315** | −0.0209 | 0.0125 |
(0.014) | (0.017) | (0.012) | (0.015) | (0.026) | (0.032) | |
Log (Firm Age) | 0.195*** | 0.0997*** | 0.237*** | |||
(0.007) | (0.006) | (0.015) | ||||
Foreign Share | 0.00175*** | 0.000582** | 0.00133*** | |||
(0.000) | (0.000) | (0.000) | ||||
Export Share | 0.00115*** | 0.000894*** | 0.000469*** | |||
(0.000) | (0.000) | (0.000) | ||||
Govt. Share | 0.000155 | 5.42E-05 | −2.49E-05 | |||
(0.000) | (0.000) | (0.000) | ||||
Observations | 246,539 | 163,065 | 187,686 | 124,383 | 57,133 | 37,602 |
Number of Firms | 39,734 | 38,242 | 34,610 | 33,040 | 9119 | 8728 |
Fixed Effects | YES | YES | YES | YES | YES | YES |
Year Effects | YES | YES | YES | YES | YES | YES |